The 42-ft yacht, 'Magalut' managed to save the lives of eight people on Sunday as their banana boat sank in heavy seas 25 nautical miles east off Nissan Island.
Magalut's owner Andrew Kilvert said the rescue, in difficult sea conditions off the Bougainville atolls, highlights the need for better maritime safety measures.
Mr Kilvert said that small craft in particular should require radios.
